With the listing of fresh 1,961,709,167 ordinary shares, the total issued and fully paid up shares of Unilever Nigeria Plc has now increased from 3,783,296,250 to 5,745,005,417 ordinary shares. The additional shares, it noted, arose from Unilever’s Rights Issue of 1,961,709,167 ordinary shares of 50 kobo at N30.00 per share in the Ratio of 14:27 ordinary shares held as at June 28, 2017. On the same note, Trans Nationwide Express Plc listed an additional ordinary shares 270,027,370 units. The additional shares listed arose from Tranex’s Rights Issue of 270,027,370 ordinary shares of 50 kobo at N0.80 per share in the Ratio of 3:2 ordinary shares held as at January 25, 2017. With this listing of 270,027,370 ordinary shares, the total issued and fully paid up shares of Trans Nationwide Express Plc has now increased from 198,819,762 to 468,847,132 ordinary shares.

Source: Nigerian Tribune November 20, 2017 02:54 UTC